In a significant market development, Binance, the world's largest cryptocurrency exchange by trading volume, has announced the strategic delisting of four perpetual futures contracts. The exchange will remove the BID/USDT, DMC/USDT, ZRC/USDT, and TANSSI/USDT trading pairs precisely at 09:00 UTC on January 21, 2025.
All pending orders for these contracts will be automatically canceled at that time, and traders are prohibited from opening new positions following the announcement. Binance strongly recommends users close any existing positions before the deadline to avoid automatic liquidation. The exchange will settle any remaining open positions at the final mark price, with users receiving their remaining equity in their futures wallets.
This decision follows Binance's standard quarterly review process for all listed trading products. The exchange evaluates contracts against rigorous performance metrics including trading volume, liquidity, network stability, and regulatory compliance. Contracts failing to meet these standards are removed to protect users and maintain market quality.
The delisting affects four distinct digital assets: BID (Bidao), a blockchain platform focusing on DeFi and stablecoin issuance; DMC (DataMarketCoin), supporting data marketplace and storage solutions; ZRC (ZrCoin), originally linked to zirconium dioxide production; and TANSSI (Tanssi Network), which provides appchain infrastructure services for developers.
Market data shows declining trading volumes for these assets throughout 2024. Industry analysts note that delisted assets typically exhibit sustained low liquidity, diminished developer activity, increased regulatory scrutiny, or are outperformed by competing projects with stronger fundamentals.
The announcement triggered immediate market reactions, with spot prices for the affected tokens experiencing increased volatility. Some traders initiated rapid position closures to avoid last-minute liquidity crunches, while others explored arbitrage opportunities between Binance and other exchanges still listing these assets.
This event reflects larger trends within the digital asset ecosystem, where the market continues consolidating around higher-quality projects with sustainable fundamentals. Exchanges increasingly prioritize assets with robust technology and clear regulatory compliance, particularly in light of regulatory developments like the EU's Markets in Crypto-Assets (MiCA) regulation and the U.S. SEC's active enforcement posture.
